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Joan has $1,000 in cash today. Which one of the following investment options is most likely to double her money using the rule of 72?
Joan has $1,000 in cash today. Which one of the following investment options is most likely to double her money using the rule of 72?
A. 6 percent interest for 3 years
B. 12 percent interest for 5 years
C. 6 percent interest for 10 years
D. 7 percent interest for 9 years
E. 8 percent interest for 9 years
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